In an economy, the government wants to decrease aggregate demand by $48 billion at each price level to decrease real GDP and control demand-pull inflation. If the MPS is 0.25, then it could:

Why are music, television, and movie companies concerned about their products being posted to Internet Web sites such as YouTube?

What will be an ideal response?

Jack F. Altrades's decision whether to purchase a good from a firm or hire resources directly in the market will

a. depend, in part, on his production skill but not on his contract negotiation skill b. depend, in part, on the opportunity cost of his time but not on his skill c. not depend on the cost of identifying, measuring, and pricing inputs d. not depend on the cost of negotiating contracts e. depend, in part, on both his skill and the opportunity cost of his time